Financial services giant Mizuho has announced a second blockchain technology trial to be focused on syndicated loans.
Announced on 16th February, the project finds Mizuho uniting with other Japan-based companies, including Information Services International-Dentsu (ISID), blockchain startup Currency Port and Microsoft Japan Co, the local subsidiary of the US tech giant.
ISID corporate communications officer Kayoko Lee said that the trial is still in early stages, as the partners seek first to "verify the applicability" of the technology to the post-trade process using Microsoft’s blockchain-as-a-service (BaaS) offering.
http://www.coindesk.com/mizuho-microsoft-blockchain-syndicated-loans/
